Swampscott (Mass.) Contributory Retirement System is searching for a custodian.
The $88 million pension fund issued an RFP due to the upcoming expiration of current custodian M&T Bank's contract, said Nancy Lord, retirement administrator.
The bank is eligible to rebid, she said.
The RFP is available on the website of investment consultant Dahab Associates, which is assisting with the search. Proposals are due at noon EDT on Nov. 3. A selection will likely be made sometime in November, Lord said.
